Ion Exchange Resins Market Insights, Opportunity Analysis, and Industry Forecast 2020 - 2027
Ion exchange resins are used in the purification and softening of water applications across various industries. They are capable of eliminating chlorine, a radioactive element, and organic compound from the water which can be further used for various industrial purposes. Food & beverage, chemical processing, power generation, electronics, wastewater treatment, and mining are some of the major end-users of the ion exchange resins.
The global ion exchange resins market is projected to surpass US$ 1900 million by the end of 2027, in terms of revenue, growing at CAGR of 5.4% during the forecast period (2020 to 2027).
Market Dynamics
The global ion exchange resins market has witnessed significant growth in recent past years, owing to the rising need for water treatment solutions across the globe. With the increase in population across the globe, there is an upsurge in industrial activities and urbanization which in turn is expected to provide lucrative growth to the global Ion exchange resins market over the forecast period.
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-insight/ion-exchange-resins-market-349
Market Opportunities
Growth in the food & beverage industry due to increasing spending by consumers and government is expected to serve major growth opportunities to the market of ion exchange resins. United States Department of Agriculture Economic Research Service, in 2018, U.S. consumers, businesses, and government entities spent US$ 1.71 trillion on food and beverages in grocery stores and other retailers and on away-from-home meals and snacks.
Major players: The Dow Chemical Company, Lanxess Ag, Purolite Corporation, Thermax Limited, Ion Exchange India Ltd., Samyang Holdings Corporation, Mitsubishi Chemical Holdings Corporation, Sunresin New Materials Co. Ltd., ResinTech Inc., and Jiangsu Suqing Water Treatment Engineering Group Co., Ltd.
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
